“Subsequent announcements by both Northern Rock and Royal Bank of Scotland indicate that a little more funding will flow into the mortgage market over the coming months but as things stand, this will only boost the available finance by in the region of 10% compared with 2008.”

RICS has reiterated its call to the government to quickly implement Sir James Crosby’s plans to offer guarantees for mortgage-backed securities.

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery.

In the video, Burnett addresses the following:

• The primary drivers of the eurozone’s economic recovery • The turnaround in individual countries’ current accounts• Sectors best positioned to harness the recovery, without offering undue exposure to risk